212 Midnight Sun DrSocorroTX79927
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Socorro at 212 Midnight Sun Dr, Socorro, TX, 79927 generates $3,052/mo in rent, after a $3,180/mo payment. Total monthly income is $3,052/mo. Return on cash invested sits at 11.26% in year one, and rental yield is 5.64% on a $649,800 entry. Equity gained on principal adds $4,193/yr, while 5% annual appreciation builds toward $179,528 over five years. Five-year ROI reaches 57.63% and total cumulative return in cash sums $123,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,052/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79927, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,665 (100%) |
| Owner Occupied HU | 10,897 (74.3%) |
| Renter Occupied HU | 2,908 (19.8%) |
| Vacant Housing Units | 860 ( 5.9%) |
| Median Home Value | $176,739 |
| Average Home Value | $215,369 |
Housing Distribution
Address Breakdown
Residential
14,234
Single Family
14,082
Multi-Family
152
Businesses
711
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